Van Houtte Mathias: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Van Houtte Mathias
Largest movements
- Cash +€15,142
up €15,142 (+92.4%), from €16,389 to €31,531
mainly Net result for the year (+€11,568) and Receivables within one year (+€6,217)
- Receivables within one year -€6,217
down €6,217 (-34.8%), from €17,858 to €11,641
of which Trade receivables: -€6,135
- Tangible fixed assets -€2,067
down €2,067 (-24.6%), from €8,408 to €6,340
of which Furniture and vehicles: -€1,275
- Reserves +€11,568
up €11,568 (+37.2%), from €31,111 to €42,679
- Trade debts -€3,842
down €3,842 (-94.9%), from €4,049 to €207
- Tax, wage and social debts -€933
down €933 (-8.4%), from €11,166 to €10,233
- Gross operating margin -€5,160
down €5,160 (-16.2%), from €31,772 to €26,612
- Financial charges -€1,166
down €1,166 (-28.7%), from €4,059 to €2,892
- Depreciation -€1,006
down €1,006 (-19.8%), from €5,072 to €4,066
- Staff costs -€870
no longer reported in 2025 (was €870)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,140 | €66,024 | +€6,884 | +11.6% |
| Fixed assets | 21/28 | €8,408 | €6,340 | -€2,067 | -24.6% |
| Tangible fixed assets | 22/27 | €8,408 | €6,340 | -€2,067 | -24.6% |
| Land and buildings | 22 | €2,216 | €1,857 | -€359 | -16.2% |
| Plant, machinery and equipment | 23 | €1,572 | €1,139 | -€433 | -27.6% |
| Furniture and vehicles | 24 | €4,619 | €3,345 | -€1,275 | -27.6% |
| Current assets | 29/58 | €50,732 | €59,683 | +€8,951 | +17.6% |
| Amounts receivable within one year | 40/41 | €17,858 | €11,641 | -€6,217 | -34.8% |
| Trade receivables | 40 | €17,297 | €11,162 | -€6,135 | -35.5% |
| Other amounts receivable | 41 | €561 | €479 | -€82 | -14.6% |
| Cash at bank and in hand | 54/58 | €16,389 | €31,531 | +€15,142 | +92.4% |
| Deferred charges and accrued income | 490/1 | €16,486 | €16,512 | +€26 | +0.2% |
| Total equity and liabilities | 10/49 | €59,140 | €66,024 | +€6,884 | +11.6% |
| Equity | 10/15 | €33,111 | €44,679 | +€11,568 | +34.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €31,111 | €42,679 | +€11,568 | +37.2% |
| Distributable reserves | 133 | €31,111 | €42,679 | +€11,568 | +37.2% |
| Amounts payable | 17/49 | €26,029 | €21,345 | -€4,684 | -18.0% |
| Amounts payable within one year | 42/48 | €22,548 | €17,359 | -€5,188 | -23.0% |
| Trade debts | 44 | €4,049 | €207 | -€3,842 | -94.9% |
| Suppliers | 440/4 | €4,049 | €207 | -€3,842 | -94.9% |
| Taxes, remuneration and social security | 45 | €11,166 | €10,233 | -€933 | -8.4% |
| Taxes | 450/3 | €11,166 | €10,233 | -€933 | -8.4% |
| Other amounts payable | 47/48 | €7,332 | €6,919 | -€413 | -5.6% |
| Accrued charges and deferred income | 492/3 | €3,481 | €3,986 | +€504 | +14.5% |
| Remuneration, social security and pensions | 62 | €870 | - | -€870 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,072 | €4,066 | -€1,006 | -19.8% |
| Other operating charges | 640/8 | €1,189 | €1,031 | -€158 | -13.3% |
| Gross operating margin | 9900 | €31,772 | €26,612 | -€5,160 | -16.2% |
| Operating profit (loss) | 9901 | €24,640 | €21,514 | -€3,126 | -12.7% |
| Financial income | 75/76B | €10 | €18 | +€8 | +75.9% |
| Recurring financial income | 75 | €10 | €18 | +€8 | +75.9% |
| Financial charges | 65/66B | €4,059 | €2,892 | -€1,166 | -28.7% |
| Recurring financial charges | 65 | €4,059 | €2,892 | -€1,166 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €20,592 | €18,640 | -€1,952 | -9.5% |
| Income taxes | 67/77 | €7,160 | €7,072 | -€88 | -1.2% |
| Profit (loss) for the period | 9904 | €13,432 | €11,568 | -€1,864 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,432 | €11,568 | -€1,864 | -13.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.